|Fee Rebate||2% (50%)|
|Cromwell Riverpark Trust is a 7 year fixed term commercial property investment aiming to return an initial 8.25%2 pa and offering capital growth potential4 and tax deferred income3 from the energy efficient Energex Headquarters in Brisbane.|
|Key features and benefits|
|Experienced Fund Manager
Cromwell Group is an Australian owned property investment company with over $1.7 Billion under management and a proven track record of developing high quality, high yielding investment products.High rate of rising income
8.25%2 pa distributions paid monthly from date units are issued, increasing to 8.5%2 pa upon building practical completion and forecast to continue to grow over the life of the Trust1Tax effecient
100% tax deferred income forecast for first 4 years, significant thereafter37 year fixed term investment
Both a positive and negative feature. The fixed term and significant length of the lease ensures that investors should continue to receive a high level of (increasing) income for the 7 year term. The flipside is that the trust does not allow for early encashment.Gearing limited to 55%
The trust aims to gear to 55%, thereby minimising the risk associated with refinancing at a later date.
Potential for capital growth4
Already has 100% committment to lease
– 7% subject to a five year lease arrangement with a member of the ASX listed FKP Property Group to 20152.
|All information relates to A Class Units in the Cromwell Riverpark Trust. (1) Based on agreements for lease from date of practical completion, estimated at June 2010. (2) Forecast performance. (3) The proportion of distributions that are tax deferred is dependent on a number of factors (for example building amortisation and depreciation of plant and equipment) and may vary from year to year. Deferred tax may be payable, in whole or in part, on the sale, transfer or redemption of units in the Trust. (4) Capital growth is not guaranteed. For full details on Trust Fees, refer to the Product Disclosure Statement (PDS).|
What do we get paid
Wealth Focus will rebate 50% of the 2% adviser commission on investments in the Cromwell Riverside Trust as additional units. Wealth Focus does not receive a trailing commission on this investment. This commission is paid by the manager and is NOT an additional charge to the investor.